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    190 Democrat Dr Frankfort, KY 40601

    Pending
    For Sale
    $685,000

    LAND - Frankfort, KY

    Lot size:
    5.10 Acres
    Days on Market:
    87
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 190 Democrat Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    APN
    087-00-00-042.00
    Lot size
    5.10 Acres

    Block + Lot Real Estate 3090099

    Listing agent Gregory Leveridge (859) 309-0099

    Listing date Sep 12, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Frankfort Land with Interstate Visibility

    This property features 5.1 acres of centrally-located land with visibility from Interstate 64 and access to both Interstate 64 and Highway 60. Zoned Professional Office, the land allows for office, medical office, and multi-family development. The property is located in a high-density area with office, retail, and multi-family developments. Pricing is as-is and reflective of land value, with no value attributed to the existing building. The surrounding area includes government, administrative, and educational office users, as well as high-density retail such as Kohl's and Dick's Sporting Goods, hotels, multi-family housing, and mixed-use developments. Utilities are available to the site, which benefits from supportive surrounding demographics and development for multi-family or redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    UPS DROP BOX Shipping And Mailing Service

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.8151
    Latitude
    38.17265

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    FAQs

    What type of property is this?
    Commercial land - 5.1 acres of centrally-located land with prominent interstate visibility.
    Where is this commercial land located?
    The property is located at 190 Democrat Dr Frankfort, KY.
    What is the asking price?
    The asking price for this property is $685,000.
    What are key features of this property?
    This property features: - 5.1 acres of land with **prominent visibility from Interstate 64**.; - Centrally-located in Frankfort with quick access to Interstate 64 and Highway 60.; - Zoned Professional Office, allowing office, medical office, and multi-family development.
    (859) 309-0099
    Request Owner's contact information
    190 Democrat Dr Frankfort, KY 40601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    190 Democrat Dr Frankfort, KY 40601
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